Petrobras signs letter of intent for FPSO at Buzios field

Feb. 25, 2021
Petróleo Brasileiro SA (Petrobras) signed a letter of intent (LOI) with SBM Offshore for a 26.25-year lease and operating contract for FPSO Almirante Tamandaré to be deployed at Buzios field, Santos basin, about 180 km offshore Rio de Janeiro.

Petróleo Brasileiro SA (Petrobras) signed a letter of intent (LOI) with SBM Offshore for a 26.25-year lease and operating contract for FPSO Almirante Tamandaré to be deployed at Buzios field, Santos basin, about 180 km offshore Rio de Janeiro. The charter and service contracts will last 26 years and 3 months as of the final acceptance of the unit, scheduled for 2024, Petrobras said in a Feb. 24 press release.

Under the contract, SBM Offshore is responsible for engineering, procurement, construction, installation, and operation of the FPSO. It will incorporate SBM’s multi-purpose floater hull combined with several standardized topsides modules.

The FPSO will be the largest oil producing unit operating offshore Brazil and one of the largest in the world with daily processing capacity of 225,000 bbl oil and 12 million cu m gas, the service provider said. The vessel will have a water injection capacity of 250,000 b/d and a minimum storage capacity of 1.4 million bbl crude oil. The FPSO will be spread moored in about 2,000 m water depth. 

The FPSO will be the sixth unit of the definitive system to be installed in the field. The project foresees the interconnection of 15 wells to the FPSO—6 oil producers, 6 water and gas injectors, 1 gas injector, and 2 convertible wells—through a subsea infrastructure composed of rigid production and injection pipelines and flexible service pipelines.